Funding you earn now, next payment 22:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h +0.021%
Price spread now: Gate against Coinbase International−0.097%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$600.596% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 3 days (all we have)+0.147%+$15 · spread now −0.097%, 7d avg −0.019%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.078% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09287 | 0.0064 | pay 0.0008% / 1h | 26m 14s | $223K | $2.2M | 50x |
| Short | Gate HBAR_USDT | 0.09278 | −0.0008 | pay 0.0008% / 8h | 1h 26m | $2.4M | $3.6M | 75x |
Coinbase International HBAR-PERP-INTX
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$15.12
- Price spread: −0.097% → −0.019%
- −$7.84
- Slippage, 4 orders
- −$34.57
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$82.53
- Costs to cover
- 0.596%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Gate: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 2 min ago | 3.76 bp | 13.5 bp −$13 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.70 bp | 16.0 bp −$16 | 52.9 bp −$529 | doesn't fit | doesn't fit |
HBAR on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09267 | −0.215% | $1K | $112K | 12x | as long as short |
| KuCoin HBARUSDTM | −0.0018% | 8h | 0.09271 | −0.172% | $7.4M | $7.8M | 75x | as long as short |
| Gate HBAR_USDTshort | −0.0008% | 8h | 0.09278 | −0.097% | $2.4M | $3.6M | 75x | |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09278 | −0.092% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09281 | −0.065% | $511K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09282 | −0.049% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | +0.0064% | 1h | 0.09287 | long leg | $223K | $2.2M | 50x | |
| Variational Omni HBAR | +0.0072% | 8h | 0.09264 | −0.244% | $1.0M | $197K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09275 | −0.129% | $2K | $17K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0095% | 8h | 0.09264 | −0.248% | $26.0M | $22.6M | 200x | as long as short |
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HBAR | +0.0096% | 1h | 0.09264 | −0.248% | $568K | $591K | 5x | as long as short |
| Extended HBAR-USD | +0.0096% | 1h | 0.09273 | −0.146% | $51K | $218K | 10x | as long as short |
| Binance HBARUSDT | +0.0097% | 8h | 0.09265 | −0.239% | $34.8M | $110.5M | 75x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09294 | +0.079% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09281 | −0.069% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09263 | −0.258% | $33.0M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09263 | −0.258% | $6.8M | $25.1M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09263 | −0.258% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09279 | −0.086% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09291 | +0.043% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09285 | −0.016% | $378K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09288 | +0.011% | $149K | $708K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09268 | −0.205% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09301 | +0.151% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09270 | −0.183% | $2.2M | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0193% | 1h | 0.09278 | −0.095% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0216% | 8h | 0.09291 | +0.043% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09282 | −0.056% | $104K | — | 100x | as long as short |
Lighter HBAR
Extended HBAR-USD
Binance HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]